Hanwha Aerospace

S. Korea’s Hanwha Moves to Absorb Poongsan Ammo Division

South Korean defense contractor Hanwha Group has submitted a bid to acquire the ammunition business of Seodaemun-gu-based Poongsan Corporation.

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Indra, Hanwha to Manufacture Self-Propelled Artillery for Spain

Indra Group and Hanwha Aerospace have signed a memorandum of understanding for the joint development of self-propelled artillery systems for the Spanish Armed Forces.

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S. Korea’s Hanwha Aerospace to Invest in Estonian Defense Industry

South Korean defense contractor Hanwha Aerospace has announced a $115.5 million investment package aimed at supporting Estonia’s defense industry, including plans to build a sustainment and repair center and establish an ammunition factory.

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Norway Picks South Korean Chunmoo Launchers Over European, US Options

Norway has selected the K239 Chunmoo multiple launch rocket system from South Korean defense contractor Hanwha Aerospace over competing options from Europe and the US.

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Poland, Hanwha Aerospace Move Toward Chunmoo Rocket System Deal

Hanwha Aerospace is expected to finalize an agreement with Poland to export its Chunmoo multiple launch rocket systems.

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Hanwha Wins $153M South Korea Missile Contract

Hanwha Aerospace has secured a second-phase production contract to deliver Cheongeom missiles for South Korea's light-armed helicopters.

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S. Korea’s Chunmoo Leads Norway’s Rocket Artillery Race After German EuroPULS Exit

Norway appears to be moving closer to selecting South Korea’s K239 Chunmoo multiple launch rocket system after Germany’s EuroPULS was dropped from the competition earlier this year, leaving only Lockheed Martin’s HIMARS and Hanwha Aerospace’s offering in contention.

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South Korea Advances Home-Grown Aircraft Engine Tech With Hanwha-KIMS Center

The Korea Institute of Materials Science and Hanwha have established a joint research center to develop core materials for aircraft engines.

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Estonia to Buy South Korean Chunmoo Launchers to Supplement HIMARS

Estonia has signed a defense cooperation agreement with South Korea to acquire the K239 Chunmoo multiple launch rocket system (MLRS), enhancing its deep-strike capabilities. 

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Hanwha Signs Deal With GE Aerospace for S. Korea Jet, Helicopter Engines

Hanwha Aerospace has signed an agreement with GE Aerospace to buy new engine kits for South Korea’s homegrown fighter aircraft and helicopters, according to local media.

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